What a month it has been. Volatility in the market has provided me with significant opportunities to add into the market into some of the great companies I've always wanted to own. This week, I accumulated a position in Ho Bee Land for another 5,000 shares at a price of $1.95. This is on top of the earlier position previously being added last month.
This is a company that has absolutely top grade assets in cities that are booming in real estate. Other than the development properties they owned in the Sentosa island, they have also recently ventured into the UK building up their investment properties portfolio that has now ballooned to over $2.6 billion.
Earnings
As previously mentioned, in view of the poor market sentiments of their development properties in Singapore, Ho Bee Land has in recent times shifted their strategies into building a solid recurring ......